Foreclosures inched up in the first quarter and surged ahead of last year’s levels in a manner that points to a change in dynamics, Attom reported Thursday. Processing Content The 118,727 properties with filings represented a 6% on a consecutive-quarter increase and a level 26% higher than a year earlier, the data and analytics firm […]
Foreclosures ‘could signal shifting housing market dynamics’ Read More »
New York Governor Kathy Hochul is reversing course and throwing support behind a proposed annual tax on high-end second homes in New York City. Hochul, who had previously resisted the measure, now says affluent property owners — particularly those with multimillion-dollar second homes — should help shoulder the burden of growing revenue gaps. The proposed
Will new tax on ultra-luxury NYC homes derail red hot demand? Read More »
On Tuesday, the average top-tier 30yr fixed mortgage rate hit the lowest level in exactly 4 weeks. If you’re not interested in splitting hairs, today’s rates are essentially the same. Although our official average is 0.01% higher, that’s such a small change that many of today’s rate quotes will look the same as yesterday’s. In
Mortgage Rates Essentially Sideways at Recent Lows Read More »